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Canadian (TSX) Market Analysis & Valuation

UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies2199
  • 7D-2.8%
  • 3M8.8%
  • 1Y26.5%
  • YTD1.6%

Over the last 7 days, the market has dropped 2.8%, driven by a loss of 12% in the Materials sector. In contrast, the Consumer Staples sector has actually gained 6.9%. In the last year, the market is actually up 27%. Earnings are forecast to grow by 13% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Canadian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Feb 2026CA$5.1tCA$2.1tCA$224.8b17.1x22.8x2.4x
Sun, 04 Jan 2026CA$5.0tCA$2.1tCA$224.4b16.4x22.1x2.3x
Tue, 02 Dec 2025CA$4.9tCA$2.1tCA$224.2b16.2x21.7x2.3x
Thu, 30 Oct 2025CA$4.7tCA$2.2tCA$215.9b16.2x21.9x2.2x
Sat, 27 Sep 2025CA$4.7tCA$2.2tCA$209.2b16.3x22.3x2.2x
Mon, 25 Aug 2025CA$4.5tCA$2.1tCA$201.8b16.1x22.1x2.1x
Wed, 23 Jul 2025CA$4.3tCA$2.1tCA$190.8b16.3x22.7x2x
Fri, 20 Jun 2025CA$4.3tCA$2.1tCA$191.7b15.4x22.3x2x
Sun, 18 May 2025CA$4.1tCA$2.1tCA$183.5b14.3x22.2x1.9x
Tue, 15 Apr 2025CA$3.8tCA$2.1tCA$173.1b14.6x21.7x1.8x
Thu, 13 Mar 2025CA$3.9tCA$2.1tCA$175.2b14.7x22x1.8x
Sat, 08 Feb 2025CA$3.9tCA$2.1tCA$168.6b14.6x23.4x1.9x
Mon, 06 Jan 2025CA$3.9tCA$2.1tCA$169.3b14.4x23.2x1.8x
Wed, 04 Dec 2024CA$4.0tCA$2.1tCA$166.6b14.8x23.9x1.9x
Fri, 01 Nov 2024CA$3.9tCA$2.1tCA$167.4b15.3x23.3x1.8x
Sun, 29 Sep 2024CA$3.8tCA$2.1tCA$167.7b15.5x22.8x1.8x
Tue, 27 Aug 2024CA$3.7tCA$2.1tCA$166.6b15.2x22.4x1.8x
Thu, 25 Jul 2024CA$3.7tCA$2.1tCA$167.7b14x21.9x1.8x
Sat, 22 Jun 2024CA$3.5tCA$2.1tCA$166.9b14.1x20.9x1.7x
Mon, 20 May 2024CA$3.6tCA$2.0tCA$167.0b14.2x21.9x1.8x
Wed, 17 Apr 2024CA$3.5tCA$2.1tCA$174.7b14x20.1x1.7x
Fri, 15 Mar 2024CA$3.5tCA$2.1tCA$173.5b13.8x20.2x1.7x
Sun, 11 Feb 2024CA$3.4tCA$2.1tCA$176.7b13x19x1.6x
Tue, 09 Jan 2024CA$3.4tCA$2.1tCA$173.1b13x19.5x1.6x
Thu, 07 Dec 2023CA$3.3tCA$2.1tCA$172.3b12x18.9x1.6x
Sat, 04 Nov 2023CA$3.2tCA$2.1tCA$179.6b12.2x17.8x1.5x
Mon, 02 Oct 2023CA$3.2tCA$2.1tCA$185.2b11.5x17.1x1.5x
Wed, 30 Aug 2023CA$3.3tCA$2.1tCA$184.8b11.7x17.8x1.5x
Fri, 28 Jul 2023CA$3.3tCA$2.1tCA$199.2b11.7x16.6x1.6x
Sun, 25 Jun 2023CA$3.1tCA$2.1tCA$200.8b10.9x15.6x1.5x
Tue, 23 May 2023CA$3.3tCA$2.1tCA$206.3b11.1x15.9x1.5x
Thu, 20 Apr 2023CA$3.4tCA$2.1tCA$217.6b10.6x15.5x1.6x
Sat, 18 Mar 2023CA$3.2tCA$2.1tCA$219.0b10.5x14.5x1.5x
Mon, 13 Feb 2023CA$3.4tCA$2.1tCA$239.9b11.1x14.1x1.6x
Price to Earnings Ratio

14.1x


Total Market Cap: CA$3.4tTotal Earnings: CA$239.9bTotal Revenue: CA$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 20.3x202420252026
Current Market PE
  • Investors are optimistic on the Canadian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 22.8x which is higher than its 3-year average PE of 20.3x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 2.1% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market-2.77%
Consumer Staples6.93%
Utilities2.33%
Consumer Discretionary2.25%
Telecom1.28%
Real Estate1.00%
Financials0.32%
Healthcare-0.28%
Energy-0.90%
Industrials-1.65%
Tech-4.38%
Materials-12.39%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 24.3%, which is higher than its past year's earnings growth of 15.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings growth rate of 9.5% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
ATD Alimentation Couche-TardCA$78.079.2%
+CA$6.1b		3.8%PE20.3xConsumer Staples
ENB EnbridgeCA$69.144.1%
+CA$5.9b		9.0%PE27xEnergy
L Loblaw CompaniesCA$66.777.8%
+CA$5.6b		48.9%PE31.6xConsumer Staples
CP Canadian Pacific Kansas CityCA$108.315.9%
+CA$5.4b		-3.3%PE23.5xIndustrials
RY Royal Bank of CanadaCA$231.131.6%
+CA$5.1b		35.3%PB2.5xFinancials
See more

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